uSMART SG
Updated: 31 Mar 2026
- Trade US Stocks and ETFs at only S$0.88 per order. T&Cs apply.
- Access stocks, but also options, CFDs (including stocks, forex, gold/silver, crypto), and Crypto ETFs.
- US Stocks: Lifetime $0 commission, with a fixed platform fee of $1 per transaction.
- Options: Lowest fees at $0.50 per contract. For premiums less than $0.10, the commission is only $0.10 per contract.
- CFDs: 0 commission, with spreads starting as low as 0.27 points for Gold CFDs.
- Free and interactive learning materials, videos and features to help new investors embark on their investment journey
- Platform fees apply for every trade
Summary: uSMART is a MAS-licensed, mobile-first broker that offers US, SGX and HKEX trading with zero US stock commission (low per-share platform fee), fractional shares (US), no minimum deposit, and fast local funding via eGIRO, PayNow and FAST. It uses a custodian model (not CDP-linked) and includes real-time US data (Nasdaq Basic & NYSE ArcaBook 60-level) in-app.
Risk note: All investing involves risk. Prices can go up or down and you may lose capital. Fees, FX spreads and market regulations apply.
uSMART at a Glance (Singapore)
| Feature | Details |
|---|---|
| Markets | US (stocks, ETFs, options), Singapore (SGX), Hong Kong (HKEX) |
| US stocks pricing | $0 commission + platform fee USD 0.88/share (min USD 1.00 per order) for SG residents |
| SGX pricing | Commission as low as 0.02% of trade value (by tier); exchange/regulatory fees apply |
| HKEX pricing | Commission from around 0.024% of trade value (by tier); HK levies apply |
| Fractional shares | Yes (US), invest from about US$1 |
| Account minimum | S$0 (no minimum deposit) |
| Funding | eGIRO, PayNow, FAST, BigPay, Telegraphic Transfer |
| Custody | Custodian model (not CDP-linked); segregated client assets |
| Real-time data | Nasdaq Basic & NYSE ArcaBook 60-level quotes for US stocks (in-app) |
| Regulation | MAS Capital Markets Services (CMS) licence in Singapore |
Pros & Cons
Pros
- Low-cost US trading: $0 commission with a small per-share platform fee.
- Fractional shares (US) lower the entry ticket to ~US$1.
- No minimum deposit; fast local funding (eGIRO/PayNow/FAST).
- Real-time US market data (Nasdaq Basic & NYSE ArcaBook 60-level) included in-app.
- Mobile-first UX with clean onboarding and alerts/watchlists.
Cons
- Custodian (not CDP)—you don’t hold SGX shares directly in your CDP.
- Market scope primarily US/SG/HK; fewer other exchanges than multi-market incumbents.
- Promotional rates can change; always confirm current pricing.
- FX spread applies when converting SGD↔USD/HKD (even if no explicit FX fee).
Fees & Charges (US/SGX/HKEX)
US Stocks & ETFs
- Pricing: $0 commission + platform fee USD 0.005/share (min USD 1.00 per order) for Singapore residents.
- Regulatory fees (sell): SEC fee and FINRA Trading Activity Fee (per share) apply.
- FX: No explicit conversion fee in-app; an embedded FX spread applies.
US Options
- Supported: US stock and index options; platform fees/commissions vary by account tier; regulatory/clearing fees apply.
Singapore (SGX)
- Commission: as low as 0.02% of trade value (by tier). SGX trading/clearing/settlement fees and 9% GST on broker fees apply for SG residents.
Hong Kong (HKEX)
- Commission: from around 0.024% of trade value (by tier). HK stamp duty, SFC/AFRC levies and other exchange fees apply; 9% GST on broker fees applies to SG residents.
Note: Fees and promos change; confirm the live schedule in the pricing page before trading.
Markets, Products & Order Types
- US: Stocks, ETFs, options, and fractional shares on many tickers.
- SGX: Stocks, REITs, ETFs and selected structured products.
- HKEX: Stocks and ETFs.
Order types & tools: Market/limit, watchlists, price alerts, real-time quotes, basic analytics inside the app.
Funding & Withdrawals (SGD/USD/HKD)
| Method | Typical Timing | Notes |
|---|---|---|
| eGIRO (SGD) | Instant/near-instant once setup completes | One-time eGIRO link with supported banks; convenient for recurring top-ups |
| PayNow (SGD) | Immediate | Include your account reference for faster crediting |
| FAST (SGD) | Immediate | Standard local bank transfer limits apply |
| BigPay | Same day | SGD and foreign-currency top-ups supported per app rules |
| Telegraphic Transfer (USD/HKD) | ~1–3 business days | Bank/intermediary fees may apply |
| Withdrawals (SGD to SG bank) | ~1 business day | No platform withdrawal fee; bank fees typically $0 for SGD |
How to Open an Account
- Download the uSMART app (iOS/Android) and select Brokerage.
- Verify identity via Singpass/MyInfo (or upload documents) and complete KYC.
- Enable funding (eGIRO/PayNow/FAST or TT) and start with a small test trade; use fractional shares to practise with low amounts.
Platform & Tools
- Mobile-first trading: iOS/Android app with clean onboarding and notifications.
- Data: real-time US quotes (Nasdaq Basic & NYSE ArcaBook 60-level) included in-app.
- Features: watchlists, price alerts, fractional trading (US), in-app research/education and community.
Regulation, Custody & Safety
- Regulator: uSMART Securities (Singapore) Pte. Ltd. holds a MAS Capital Markets Services (CMS) licence.
- Custody: Client assets are held in segregated custodian accounts (not CDP-linked).
- Best practice: Always enable app security (biometrics/2FA) and keep bank transfer references accurate.
Frequently Asked Questions
Is uSMART regulated in Singapore?
Yes. The Singapore entity holds a MAS CMS licence to deal in capital markets products and provide related services.
Does uSMART support fractional shares?
Yes. For many US stocks/ETFs, fractional trading is available so you can start with small amounts.
Is there a minimum deposit to start?
There’s no minimum deposit. You can fund via eGIRO, PayNow or FAST and begin with fractional shares if you prefer.
Can I hold SGX shares in my CDP?
No. uSMART uses a custodian model. SGX holdings are kept with the broker’s approved custodian, not your personal CDP account.
What fees should I expect besides commission?
Expect platform fees (e.g., per-share on US stocks), exchange/regulatory fees (SEC/TAF for US; SGX/HK levies), GST on broker fees (for SG residents), and FX spread when converting currencies.
Disclaimer: Information is for education, not advice. Markets, fees, promos and features can change—confirm on the official site/app before trading.
SingSaver Exclusive Offer
Receive S$130 eCapitaVoucher or S$100 Cash via PayNow when you open and fund your uSMART account via SingSaver! T&Cs apply.